Phantom Shares in Vietnamese Companies: Legal Consequences of Unpaid Capital

Scenario: Tech Company X was established by three members (A, B, and C) with a registered charter capital of 3 billion VND, divided equally at 33.3% each (equivalent to 1 billion VND per person). On the Enterprise Registration Certificate (ERC), all three are recorded as having fully contributed their capital. However, in reality, after six […]

Land Use Levy Rates for Residential Land Conversion

Question: I have a land parcel comprising residential land and an attached portion recorded as garden pond land or agricultural land within the same parcel. I intend to apply for conversion of that portion to residential land to regularize the land use purpose and proceed with related procedures. I would like to know the percentage […]

TAX OBLIGATIONS FOR INDIVIDUALS LEASING HOUSES

Question: I am currently an individual planning to conduct a house rental business. However, I am not clear about the applicable tax regulations that I am required to comply with. Therefore, I kindly request your Company to provide advice on the types of taxes that individuals engaged in house rental activities are required to pay […]

Consultation on Reporting Changes in Labor Usage

Question: My company has not submitted reports on changes in labor usage. What penalties could the company face? Answer: According to Clause 2, Article 8 of Decree No. 12/2022/ND-CP regarding violations in recruitment and labor management: “1. A fine ranging from VND 1,000,000 to VND 3,000,000 shall be imposed on an employer for any of […]

Consultation on New Tax Policy Changes for Household Businesses

Question: I am a household business owner and would like to know which new tax policies I should pay attention to in order to avoid penalties. Answer: Starting from 2026, with the removal of the presumptive tax regime and the shift to a declaration-based tax system, many household businesses will need to adjust to a […]

Trademark registration

Question: My name is Jimmy. We are interested in registering our brand. Please advise cost and documentation needed. Answer: Concerning the subject matter, as one

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Quotation of labour case

Question: Our company is looking for a professional law firm to support settlement of labour dispute between our company and Employee in the first instance

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Work permit in Vietnam

Question: I am from Korean but currently working as a teacher in Hanoi ,with 3 months working visa ,pls I wanted a work permit and

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Work visa in Vietnam

Question: Where I have to send my documents to get a work permit in Vietnam? Answer: In order to obtain work permit in Vietnam, you

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COSMETIC REGISTRATION

Question: WE HAVE GOT A FEW ORDERS FOR OUR COSMETICS IN VIETNAM. WE WANT TO REGISTER OUR PRODUCTS IN VIETNAM. PLEASE LET US KNOW THE

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SETUP OF UNIT IN VIETNAM

Question: I am having a Company in Singapore. We want to setup one polyster bed sheet unit in Vietnam. Raw material for making this polyster

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